JP Morgan Adds To Alts ETF Lineup

Firm debuts long/short fund.
Reviewed by: Staff
Edited by: Staff

J.P. Morgan today launched its fourth alternatives ETF. The JPMorgan Long/Short ETF (JPLS) is an actively managed fund that uses various return factors to determine whether a security is attractive or not. It will take long positions in attractive stocks, while shorting those deemed unattractive.

JPLS comes with an expense ratio of 0.69% and lists on the NYSE Arca.

The factors that it relies on to evaluate the equities it takes positions in include value, momentum, size and quality. The fund’s managers take a global approach, investing in developed as well as emerging markets through equities and derivatives.

The largest fund in J.P. Morgan’s alternatives lineup is the JPMorgan Diversified Alternatives ETF (JPHF), with $179 million in assets under management.

There are several other long/short ETFs available, the largest of which is the First Trust Long/Short Equity ETF (FTLS), which has $149 million in assets.

Contact Heather Bell at [email protected] is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.